Los Angeles-based mini-studio Cinema Libre has entered into a wide-ranging film and TV co-production partnership with Chinese entertainment company Datang Brilliant Media.
Following months of discussion between Cinema Libre chairman Philippe Diaz and Datang chairman Wang Hui, the partners reached a deal this weekend in Cannes to co-produce film and TV projects in Europe and the U.S. The companies also will work together to acquire and distribute foreign films in China and North America.
Cinema Libre has released over 200 films, but it is best known for its newsmaking social documentaries including Outfoxed: Rupert Murdoch's War on Journalism and the controversial anti-vaccination film Vaxxed.
"We look forward to identifying and negotiating large-budget quality commercial films with international stars that will meet chairman Wang's specific needs and entering into co-production, co-financing arrangements for film and TV with such a major player," Diaz said in a statement.
Founded in 2004, Datang Brilliant Media's core business in China is television production and talent management. The company has produced primetime series for many of the China's largest satellite broadcasters, including Shanghai Media Group, CCTV, Zhejiang Satellite TV and Jiangsu Satellite TV. The company also has partnerships with Chinese streaming video services Youku, Tencent and Letv.
The new Cinema Libre pact is Datang's first major international deal and marks the company's expansion into film.
The agreement was brokered by Lily Yang and Woody Wong of Gaia Studios, a Los Angeles-based entertainment company specializing in strategic relationships between Hollywood and China, in areas such as investment, international distribution and co-productions.